Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-260"
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"en.20100310.19.3-260"2
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"The Single Euro Payments Area (SEPA) is a concept whose introduction will make everyday life easier for millions of Europeans. Irrespective of which Member State they are citizens of, they will easily be able to make rapid and cheap payments to persons or firms in another Member State at the same cost as payments made within the borders of their own country. In an age of Internet banking, this will bring about increased competition between banks, and this will benefit clients. Introduction of the SEPA is the next step towards realisation of one of the four fundamental freedoms of the common market – the free movement of capital. What is extremely important is that the SEPA will lead to an economic rapprochement between countries in the euro area and countries which, although Member States of the European Union, are not part of the euro area, as well as the other countries of the European Free Trade Area.
Therefore, I fully support the European Parliament resolution on the implementation of the Single Euro Payments Area (SEPA). At the same time, I appeal to the European Commission to give priority to the interests of retail banking clients and to questions of the security of the system while monitoring work on the introduction of the SEPA system."@en1
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